$MINA ｜Funding rate -0.124%｜Shorts pay
Before looking at positions, understand the funding rate first.
Funding payments are deducted from or added to your balance directly, so the longer you hold a position, the more noticeable the cumulative impact becomes.
When comparing rates, convert them to the same settlement interval: for the same rate, a contract that settles every hour will settle more times per day.
It’s safer to compare multiple data points that corroborate each other than to look at just one, but even more indicators can’t guarantee a definite conclusion.
#MINA
Before looking at positions, understand the funding rate first.
Funding payments are deducted from or added to your balance directly, so the longer you hold a position, the more noticeable the cumulative impact becomes.
When comparing rates, convert them to the same settlement interval: for the same rate, a contract that settles every hour will settle more times per day.
It’s safer to compare multiple data points that corroborate each other than to look at just one, but even more indicators can’t guarantee a definite conclusion.
#MINA